By Admin 
Stocks to watch on 16 January: Special movement can be seen in some selected shares in the Indian stock market on the trading day of Friday, January 16. The reason for this is that during the quarterly results season, many companies are going to give benefits like bonus shares and dividends to their shareholders.
On Friday, some other companies including big companies of IT sector will implement such important decisions, on which investors can keep an eye. Let us know about some such companies…..
HCL Tech Share
There may be movement in the shares of HCL Tech on Friday. Talking about the reason behind this, recently the company has announced its quarterly results. In which the company’s profit has declined by more than 11 percent on an annual basis to reach Rs 4,076 crore.
Along with this, giving relief news to the investors, the company has decided to give an interim dividend of Rs 12 per share on January 16.
Tata Consultancy Services Share
TCS has released the December quarter results. In which the profit has declined by 14 percent on annual basis to Rs 10,657 crore. However, the company has announced an interim dividend of Rs 57 per share to the shareholders. Which also includes a special dividend of Rs 46. Due to this news, investors may get excited about the company shares.
Tembo Global Industries Share
Tembo Global Industries has declared interim dividend for the financial year 2025-26. Under this, a dividend of Re 1 will be given on every equity share with face value of Rs 10. Investors will get this dividend on Friday, January 16. After this information given in the company’s exchange filing, there may be movement in the shares.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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